The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1887-08-27
MINOR MINING MATTERS.
Brief Mention OF Happenings In this
District--Market Reports.

The market has been rcmarkhDie our
ing the week, for multitude Of inquiries
Of all kinds-hard ores and hematites,
Bessemer, and non-Besscmer, land for
the lack of sales. The receipts, 44,412
tons, show marked increase over the
receipts during the corresponding week
In 1886, being only 1S,191 tons-a diff !
erence in favor OF the present season OF
26,221 tons. The shipments OF the
week, 23, SOP tons, exceed the shipments
during the corresponding season OF 1886,
by 2, ,497 tons and when ii is considered
that many OF the furnaces supplied from
this point have barely received their first
instalment OF coke, while Others have
but just blown in, the opinion is justified
that more iron viii be made this season
from ore laid down in Cleveland and
shipped TO interior points than at any
previous time. Dealers in ore agree that
every pound shipped win find ready
market nt full prices and, perhaps, mt an
advance over spring quotations. While
il il true that nearly all the larger mines
are sold up. there IN any quantity OF ore
10 be had from new mines, or frommi
that are not generally known ns produc-
ers. IL is expected, moreover, that large
quantities OF ore will be brought down
by rail this winter, iron cars being now
constructed with apparatus to thaw out
the ore before unloading. Owing TO the
unsettled state Of affairs last January,
many conservative buyers did not nearly
supply themselves at that time and next
month will witness some large sales OF
ore, made necessary by the increasing
demand ON the furnaces. II Cleveland
had more and better dock facilities, inn
proved hoisting apparatus and a depth
OF twenty feet in the river, our ore trade
could be doubled in a single year. We
quote without change:
No. I specular and magnetic Besse-
ores per ton.,............,,,.......ST OOW7 90
No. specular mon Beseemer) ores
per rton.............. OOM6 %
Bessemer Hematites...................... 75@0 40
Non Bessemer Hematites............... OO6p5 90
Cleveland Iron Trade Review.
Peter Sheridan's explorations on the
southeast quarter OF the southeast
quarter Of section one, 43-35, lying with
ia the city limits, continues To improve.
Nearly every pit that he puts down is in
ore, and il looks now as II there are two
veins OF ore ON the property, distant but
few feet from each other. IL il Mr.
Sheridan's intention TO develop the sur
face extent Of the deposit, before sinking
any great depth; the greatest depth TO
which he has gone as yet being about fif-
teen or eighteen feet in ore. Everything
points 60 an early development of
another mine tributary to Iron River
Reporter.
The explorations ON sections four and
five, 44-33, are showing upgood ore. One
shaft is now thirty feet in ore which car
ries sixty-six per cent metallic iron.
Matt. Gibson is doing the work and is
heavily interested.
rhe tunnel at DR.. Kfmbalrs explora-
ton on section twenty-cight, 43-32, has
been driven into the hill distance OF
seventy feet, encountering occasionally
seams OF ore.
The machinery for the Gregory-Scad-
den exploration ON section twenty-one,
1892, will be ON the ground next week
and work will bc pushed along ms rapidly
as possible.
| IL is rumorcd that work will be re-
sumed on the four north forties of sec
tion twenty-five, 43-32, some time next
week III. ID. Fisher will superintend
The Blaney mine, or Waunetta, az IL Is
now known, Is being rapidly placed in
shape 90 I've wrought. II. B. Swain has
been appointed superintendent.
The Dunn mine folks are working hard
90 accomplish the shipment of 10000
tons Of ore before the close oinavigation.
Chances are in their iavor
Capt. Frank Weber, late Of the Wind
fall exploration, Is conduction explora-
tory work ON the town site, for II. C..
Kimball.
In south cross-cut east Of the main
shaft at the Kimball mine, very fine
grade Of ore has been cut.
S. ID. HOLSTERS exploration onsection
thirty-iive, 43-32, is looking very en-
couraging
A recent analysis Of Manhattan ore
gives sixty-six per cent. metallic iron.